Crypto Exchange Bybit Suspends Dollar Payments via Bank Transfers

(Bloomberg) -- Crypto exchange Bybit is suspending US dollar-denominated deposits and withdrawals via bank transfers, including SWIFT payments.Most Read from BloombergHolding Cash Will Be a Winning Strategy in 2023, Investors SayWorld’s Riskiest Markets Stumble Into Crisis With Dollars ScarceMortgage Lenders Are Selling Homebuyers a LieChina’s Cautious Growth Target Limits Help to World EconomyForget Peak Oil Demand: A Thirst for Barrels Puts $100 in ViewDollar wire deposits have been temporaril

• 2023-03-06
• Bloomberg bank transfers

Bybit suspends U.S. dollar bank transfers, possible link to Silvergate shuttering crypto banking network

Bybit suspended U.S. dollar deposits and withdrawals via wire and bank transfers due to “service outages from a partner.”

• 2023-03-06
• Silvergate Capital bank transfers bank transfer service outage Silvergate Exchange Network crypto exchange service outages Coinbase cutting ties Silvergate